‘Tax Effect’ do not include Interest for calculation of Appeal filing limit

1. This appeal has been filed by the Revenue against the order of the CIT(A)-49, Mumbai dated 03.02.2016 for A.Y. 2008-09. 2. At the very outset, we noted that in this case the tax effect on the income under dispute is less than Rs.10 lakhs. We further noted that the Central Board of Direct Taxes vide Circular No. 21/2015 dated 10th December, 2015 file no.279 of Misc. 142/2007 – ITJ (PT) has issued the direction in supersession of the Instruction No.5/2014 dated 10/07/2014 in pursuance with the power entrusted u/s. 268A of the Income Tax Act, that no appeal should be filed before this Tribun...